Combined legal entity will serve over 51 million customers as Pakistan’s leading 3G and 4G mobile network After receiving the approvals from Islamabad High Court for merging two telecos, VimpelCom and Dhabi Group — the respective parent companies of Mobilink and Warid announce the completion of the biggest merger of the country. VimpelCom, Global Telecom Holding…
Mobilink has reported Rs. 38.5 billion post-merger consolidated revenue for both companies, up from PKR 25.9 billion as reported in Q3 2015. The company has posted a strong positive growth of 17% on its YoY organic revenue for the quarter ended 30 September 2016 (Q3 2016) driven by growth in all revenue streams. For the same…
Combined entity to serve over 50 million customers as Pakistan’s leading high-speed mobile network Amsterdam/Cairo/Islamabad (1 July 2016) – VimpelCom, Global Telecom Holding (GTH), together with Warid Telecom Pakistan and Bank Alfalah (Dhabi Group shareholders), today announced the completion of the transaction to merge Pakistan Mobile Communications Limited (Mobilink) and Warid Telecom (Warid), creating Pakistan’s next…
The Competition Commission of Pakistan — CCP has approved the merger of Pakistan Mobile Communications Limited, Mobilink and Warid Telecom (Private) Limited. The transaction is the first major merger in the mobile telecommunications sector in Pakistan. This approval is the first of four required approvals from the local regulatory bodies, including Pakistan Telecommunication Authority — PTA, Securities…
